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Re: SeaOhToo post# 1112

Friday, 08/02/2013 8:47:13 PM

Friday, August 02, 2013 8:47:13 PM

Post# of 1332
on an as converted basis

The Company currently has authorized (i) Common Stock of 200,000,000 shares and approximately 188,996,564 shares of Common Stock are issued and outstanding as of the Record Date, and (ii) blank check preferred stock of 50,000,000 shares, of which 3,694,400 shares have been issued.


so you take the 188,996,564 shares of common and then convert the preferred 3,694,400 shares (3,694,400x100=369,440,000)

then add the two together 369440000+188,996,564=558,436,564 on an as converted basis

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